I Coverd FB (Facebook) now long FB - why FB will be a $100+ stock within a year

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you could be right but i'd wait at least 2 - 3 years to give FB a chance to grow the business. by then, you'll know whether to ride off the company or to see the company for its true worth.

seems like the upside is far greater than the downside for now, even though we really don't know what FB will be like in a few years. however, as someone mentioned earlier, applications is where the money is at and if FB can monetize this as well as the mobile arena, then you could potentially see FB as another internet darling stock like GOOG and AMZN.

i'm in the camp that someone will eventually figure out the mobile ad space and that given FB has over 600 million users and growing, some deleting (like yourself), that's a lot of users visiting a website that can potentially be a customer. i wouldn't want to be short FB given this...at least not now.

Quote from zboy2854A:

As a (former) regular Facebook user, I can say that from a "boots on the ground" perspective, I wouldn't touch FB stock on the long side with a 10 foot pole. I just actually deleted my Facebook account, and I know a bunch of other folks who have done the same, because in reality it's just a useless time suck.

I just don't care anymore about reading that someone I used to know in high school but can't be bothered to stay in touch with in the real world went to Olive Garden last night and had penne arrabiata, and it was awesome.

Furthermore, neither I, nor anyone I know who uses or used Facebook ever clicked on any of the sponsored ad links except only by accident. And of course there's the issue where everyone is pissed that Facebook switched to its timeline format. Every new development I've seen Facebook implement on their site and service tells me it is not being run by forward thinking or innovative folks. This ain't no Google or Apple folks.

The way I see it, Facebook is nothing more than a badly managed novelty. All it will take is someone to build a better social mousetrap, and Facebook will be Myspace in no time flat. But for those who like to gamble with their money, go for it.